NMS Reports $65,005 Net for Third Quarter

NMS Pharmaceuticals Inc. said it had net earnings of $65,005 for its fiscal 1987 third quarter ended Feb. 28, contrasted with a year-earlier loss of $345,831.

The Newport Beach-based company said revenues during the three-month period rose slightly to $684,546 from $634,415 a year earlier.

For its first nine months, NMS said it had a net loss of $747,083 compared to a net loss of $714,510 a year earlier. Nine-month revenues fell 16.7% to $1.5 million from $1.8 million a year earlier.